Sunday, August 5, 2012

Two motives of buying SRS Pearl floors

While thinking of buying property, there are two main motives. One is to consider this as an investment while the other is to consider it for your own living. You might ask what is the difference that these make in the buying decision of apartments such as the SRS Pearl floors? The answer is that these do make a lot of difference. The people who already have their own residences would like to buy the residences as investments for future, either as security of livelihood or for earning profits on their sale. However, those who do not own any residence would prefer to buy for their own living. Here are some of the points which highlight the differences in purchase decision.

For investment, you might well decide to buy a property which is not suitable for your own lifestyle. Or, it is in such a locality where you might not like to live. But, that could be the property which is currently falling within your budget and holds promise of giving you good returns in future. So, you buy these properties for future investment.

There are also chances that you might take a higher floor flat for investment purposes but would prefer a ground floor one for your own living. Some builders provide discounts on sale of higher floors and this might mean more savings for you. Similarly, there could be situations as well as limitations which would prompt you to differentiate between the needs of personal living and investment while selecting a particular property.

When taken as an investment, you can earn a regular rental income from the property by letting out to other people. Alternatively, the property can be sold off at high market rates in future to make profits from capital gains. These can also be gifted to your children when they grow up just like any other investment which yields returns in future.

You might even be ready to invest in an area which is not yet developed currently since the rates of properties are less. But, it might not be possible to live there due to lack of infrastructural facilities such as roads, transport, electricity and markets.

Another motive of buying properties such as the SRS Pearl floors Faridabad is for your own living or use. Naturally, these properties are searched for depending on their long term suitability for your living. Considerations of all the required facilities and location factors for the family might further be important considerations while selecting these properties.

The investors are interested merely in making profit with no real intention to use it for living. They might not wait for possession to be given to them before selling their property at a profit.

Given the two different motives which guide the purchase decision of newly coming up real-estate projects, the builders develop their market plans according to the most likely factor which will dominate the purchase behaviour of prospective customers. While some would advertise their projects as suitable investments for future, others would prefer promoting these as ideal places to live.